SAN ANTONIO, Texas – AT&T is selling wireless spectrum it acquired as part of the merger with BellSouth to wireless service provider Clearwire in a deal worth $300 million.
Clearwire, which is based in Washington, offers broadband service in the Triangle and Triad areas of North Carolina.
The spectrum sale was part of AT&T’s agreement with the federal government to dispose of certain assets in order to win approval for the BellSouth deal.
BellSouth owned the wireless spectrum across portions of its nine-state territory.
The spectrum involved includes Education Broadband Service and Broadband Radio Service frequencies.